the production of public goods like amenity value of the landscape, food security, preservation of rural communities and rural lifestyle, by agricultural sector is a subject that has been widely accepted by experts. however, in many policies and political analyses carried out, solely the production of private goods by the agricultural sector is paid attention and the important function of publi...

malaysia, as a small and developing country, must reduce carbon emissions because the country is one of the top co2-emitting countries in the asean region. therefore, the current study implements two environmental tax policies; carbon and energy taxes, in order to examine the impacts of these policies on the reduction of carbon emission in the whole of the economy by applying a computable gener...

This chapter is a simple, rigorous, practically-oriented exposition of computable general equilibrium (CGE) modeling. The general algebraic framework of a CGE model is developed from microeconomic fundamentals, and employed to illustrate (i) how a model may be calibrated using the economic data in a social accounting matrix, (ii) how the resulting system of numerical equations may be solved for...

computable general equilibrium models are known as a powerful instrument in economic analyses and widely have been used in order to evaluate trade liberalization effects. the purpose of this study was to provide the impacts of trade openness on pharmaceutical industry using cge model.using a computable general equilibrium model in this study, the effects of decrease in tariffs as a symbol of tr...

This paper advocates computable general equilibrium (CGE) models as an analytical framework that is suitable for assessing the impacts of policy interference on the three dimensions of Sustainable Development, i.e. environmental quality, economic performance and equity. Methodological extensions of standard CGE models are illustrated that may strengthen the role of CGE models in measuring polic...

On the basis of a general equilibrium approach this study simultaneously analyses the impacts of an EU Eastern enlargement scenario on agricultural markets on the one hand and migration pattern on the other hand. The focus of the analysis is given to employment related effects of interregional labor movement. Thereby an in-depth analysis is provided concerning the coaction between trade liberal...

We introduce a maximum entropy approach to parameter estimation for computable general equilibrium (CGE) models. The approach applies information theory to estimating a system of nonlinear simultaneous equations. It has a number of advantages. First, it imposes all general equilibrium constraints. Second, it permits incorporation of prior information on parameter values. Third, it can be applie...

Computable general equilibrium (CGE) models play a central role in modern economic modeling, bearing on a wide range of important applications in international climate and trade policies, growth and development of countries, national income distribution and equality studies. We formulate a canonical CGE model as a complementarity problem and introduce CIM-EARTH, a collection of open-source exte...

Equilibrium Setting Carlos C. Bautista* A computable general equilibrium (CGE) model is constructed to examine the effects of capital inflows on the sectors of the Philippine economy. The CGE model has five production sectors, two households and two primary inputs. Under a flexible exchange rate regime, it is shown that capital inflows lead to an appreciation of the domestic currency. Nontradab...

Practitioners and academics apply a range of regional economic models for impacts assessment. These models extend from a simple economic base through to input-output and econometric models and computable general equilibrium models. All such models have strengths and weaknesses. Dimensions of which impact assessment models are often compared include level of industry detail, data availability, a...